trending Market Intelligence /marketintelligence/en/news-insights/trending/r2cdv-dxetfanb6ohqr4mg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Chart Watch: Outerwall gets its exit

Episode 11 - How COVID - 19 Has Reshaped The Advertising Industry

信用分析(Credit Analytics)案例: 瑞幸咖啡

S&P Podcast – Economic Recovery Will Guide US Ad Market

Cable Network Q1'20 Distribution Revenue Recap

Chart Watch: Outerwall gets its exit

OuterwallInc. is getting its exit.

The company recently announced its intent to be taken private by affiliatesof funds managed by Apollo GlobalManagement LLC in a move unanimously by its board. The transaction,an all-cash tender offer valued at $1.57 billion, is expected to close by theend of September.

Late in 2015, the company’s stock took a as it revealed its plans to close its SAMPLEit segments, whichoffered $1 product sample kiosks, and said that then Redbox President MarkHorak planned to step down.

On Feb. 11, following the company’s , shares as low as $25.83. AsRedbox rentals recorded double-digit year-over-year declines, the revenues forthis segment also plunged. The stock, however, has rebounded as the yearunfolded. Shares of Outerwall closed at $46.91 on July 22, the last trading daybefore the $52-per-share Apollo deal was announced.

David Sambur, partner at Apollo, on July 25 expressed hisconfidence in Outerwall, calling it “a dynamic customer-focused business thatdelivers superior kiosk experiences that delight consumers and generate valuefor its retailer partners.”

The charts below detail Outerwall’s recent marketperformance, financial results and a snapshot of the deal terms.

SNL Image